Dollar subdued as lower oil eases inflation pressure: Nov 9, 2026
The US Dollar Index remains subdued after retreating from an NFP-inspired rally, with lower oil prices easing inflation pressure and easing rates raising correction risk. October jobs growth of 165,000 has put December hike bets near 78% to 80%, keeping attention on yields, midterms and upcoming economic data.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the US Dollar Index page.
The day on the wire
00:0006:0012:0018:0024:00
Each tick is a headline first seen that day.
Headlines (14)
First seen on November 9
- Gold falls to around $4,060/oz as strong US jobs data lifts December rate-hike betsflash.jin10.com
- Gold rebounds above $4,100 despite strong US NFP dataFXStreet
- United States Dollar Index remains subdued as lower oil prices ease inflation pressureFXStreet
- Swiss Franc weakens as Fed hawkish outlook lifts USD/CHFFXStreet
- Personal Income and Outlays, September 2026bea.gov
- Forex Today: US Dollar retreats following NFP-inspired rallyFXStreet
- FX Daily: Dollar rally needs more risk-off fuelING Think
- US Dollar: Correction risk as rates ease – INGFXStreet
Carried over from earlier days
- Why is the US Dollar Falling? Midterms, Yields, and a Critical Economic TestBeInCrypto
- Next week: China, US CPI, PBOC FX reserve hike, Russia-US-Ukraine talks, Anthropic IPOcls.cn
- CME FedWatch Shows 78% Probability of 25bp Fed Rate Hike in Decembercls.cn
- Trump says Iran strike highly unlikely if talks progress, Oct payrolls beat, PBOC buys gold 24th monthflash.jin10.com
- US adds 165,000 jobs in October, December hike bets jump to 80%wallstreetcn.com
- Fed Mouthpiece: Midterms Check Trump's Fed Overhaul, Walsh May Struggle to Build Inner Circleflash.jin10.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, November 9 | ||
| PPI y/y | 5.3% | CNY |
| CPI y/y | 0.8% | CNY |
| Leading Indicators | 116.7% | JPY |
| German Trade Balance | 19.2B | EUR |
| French Trade Balance | EUR | |
| M2 Money Supply y/y | 7.3% | CNY |
| New Loans | 80B | CNY |
| Sentix Investor Confidence | 2.1 | EUR |